It has been a while since we lasted talked about MjollnirCoin. Nearly two months in fact. I actually think MjollnirCoin is the last coin I mined before I stopped GPU mining altogether. Let’s see at what they have been up to in the mean time!
The one thing a lot of people like about MjollnirCoin, is that it uses its own HEFTY1 algorithm, making it ASIC-resistant (for now). With a limited supply of only 42 million coins, MjollnirCoin should be on more people’s radar.
You can help out the MjollnirCoin community, as they are looking for someone with marketing and/or sales experience. You won’t have to do it for free though, as there is a 5,000 MNR bounty attached to this “job”.
The MjollnirCoin team have also set up a vault page, where you can find more information about the “Crack a wallet and keep the contents” contest. There are several giveaways there as well, including a MNR/BitTrex giveaway! You can find the vault page here.
To make it easier, here is a rundown of MjollnirCoin’s specifications :
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Algorithm: HEFTY1 (ASIC-resistant) without voting
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Ultra secure: SHA-256, Keccak-512, Grøestl-512 & BLAKE-512
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Total supply: 42 million mjollnircoins (42,000,004)
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Block time: 2 minutes
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Block re-target up: Every 10 blocks (Max 100%)
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Block re-target down: Every block (Max 500%)
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First week reward: 125 MNR dropping to 50 MNR in 5.5 days
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Weeks 2 -21: 50 MNR
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Block reduction after week 21: Slow steady decrease of 0.85% every 11 days
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Multipool defence: Temporal re-targeting
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Premine: 0.75% – 0.5% for public fundraiser, bounties and giveaway
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Mining: CPU and GPU
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Features: Coin Control,QR Code support and UPNP
I’ve saved the best news for last, as MjollnirCoin can now be traded on the BitTrex exchange! With a trading volume of almost 7 Bitcoin in the past 24 hours, there is plenty of room for investments and profits.
MjollnirCoin donations for CryptoArticles are welcome to : MBVyh5BsmiHWWLdDzjFd3rDGQKVK1khQub
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